ACI - Double Bottom (Bullish)Archean chemical industries is a leading specialty marine chemical manufacturer in India focused on producing and exporting bromine, industrial salt, and sulphate of potash across the world. Archean is the largest exporter of bromine and industrial salt in India and has amongst the lowest cost of production globally in both bromine and industrial salt.
Fundamentally sound company with PEG 0.79, ROE, ROCE, ROIC > 15%.
Technicals: Price is above 200MA. Double bottom formation after bearish Head & Shoulder. Trendline is about to breakout. Volumes have been steady in daily chart over the last 5D. Both DII, FII institutions have been increasing the stakes steadily in every quarter. 161.8% fib level would be long term target of 1069 which is also pivot R3 in weekly timeframe. Pivot targets are shown on chart.
Disclaimer: Educational purpose.
Deepaknitrite
Deepak Nitrate - Turn around possibleStock made a gap down candle post results
Followed by 3 base candles and a bullish initiation candle
Volume data suggest it may be the climax of down trend
If stocks gives a pull back till 1885 -1910 levels and tries to go up again
High chance it will go up to 2100- 2150
2nd possibility may be it will accumulate here itself before going up
if so happens it is bound to resist at 2100 - 2150 and fall again a little as that area happens to be a gap resistance
Post that 2250 is possible
Volatility is at peak, Market overall sentiment is consolidation
Be cautious before taking trade
Make sure to take confirmations from LTF
DEEPAKNTR - Best time to buy for long termThe stock is in a strong uptrend after breaking out of a long consolidation phase. It has filled a previous gap and formed a new base, signaling continued bullish momentum.
Entry: Current levels around ₹2,896.
Target 1: ₹3,450
Target 2: ₹3,800
Stop Loss: ₹2,650 (below the breakout level).
DEEPAK NITRITE - Trying hard to break the channelPrice Analysis & Overview:
1. Price structure is bullish.
2. Buying strength is lacking.
3. Above ATH break good momentum can be expected only if price is able to sustains above 3000 levels.
4. Need more volumes!
5. Earnings are volatile.
- I'm not planning any trade yet.
- Stay tuned for further insights, updates and trade safely!
- These are my personal views.
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
Deepak nitrite; min 20% return; TrendlineRefer our old idea attached below.
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Midcap stocks are going to boom.
long term investment; min 40% return.
huge potential is there.
investment ;
Wait for retracement.
if you are interested in investment, go for it with small risk,
.
.
. more than that " Deepak Nitrite " is fundamentally good.
.
Don't make complicated trade set-up.📈📉
Keep it " simple, focus on consistency " 💹
Refer our old ideas for accuracy rate🧑💻
Valuable comments are welcomed-✌️
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refer over old posted idea attached below.
Strategic Buying Opportunities and Potential Surges in DeepakntrA good opportunity to buy is marked on the chart. You can consider buying at the current level. If there's a pullback to 2416 or 2393, it's a good chance to accumulate. The target is 2560. If Deepak Nitrate closes above 2560 for the month, and the next month or the month after that sees the candle crossing above 2560, there's potential for it to reach 2700, 2900, 3000, 3500, and 4000
Deepak Nitrite Limited (DEEPAKNTR) 2 year range BREAKOUT🚀🚀🚀FOLLOW ME FOR MORE SUCH AMAZING IDEAS.
Deepak Nitrite Limited had been pretty quite in this bull run but not anymore. We are witnessing momentum in Chemical sector and Deepak Nitrite Limited is giving its breakout in this juncture.
The growth of the company is picking up quarter on quarter basis.
eps rising ✅
net profit rising ✅
sales rising ✅.
Deepak NTR | Good for Long | Budget Special NSE:DEEPAKNTR
CMP: 2379
Reason for Trade : Verge of WEEKLY BO
Entry : Cmp or near Support 2280
Stop Loss: According to one's Risk Reward ratio
#Study, Learn & Earn.
If you love this post please like and comment your thoughts below. That will be a great motivation for me to post similar ideas ahead.
Disclaimer: All the information posting on this page are for the educational purpose only, we are not SEBI registered financial advisor. We wont recommend any BUY/SELL of stocks. Contact your financial advisor before taking any action
DEEPAKNTR review - offers ample opportunity to enterreviewing NSE:DEEPAKNTR
chart posted on 5th Sept 2023 when the price was 2280
After that, it reached a low of 1921 and is currently back at 2386++
This stock offers ample opportunity to enter before it moves up towards 3000++
The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is positional.
It is expected of each person to carry out independent research and evaluation to ascertain whether my perspective is consistent with your studies.
link of 5th Sept 2023 post given below